Deli stock fraud defendant seeks probation in $100 million case
James Patten argues he should avoid prison after pleading guilty in a stock manipulation scheme tied to a tiny New Jersey deli.
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Stocks
Zelenskyy removes defense minister as Ukraine prepares new government
Mykhailo Fedorov’s exit adds political uncertainty in Kyiv as Ukraine changes top posts during its war with Russia.
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World Cup lifted some bars, but Fed says consumers are pulling back
The Fed’s Beige Book showed World Cup tourism helped host cities, while higher costs and weaker local spending limited the wider p...
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Kalshi traders put high odds on $4 gas before August
Prediction-market traders are pricing in a sharp chance that the U.S. gas average tops $4 as oil rises and U.S.-Iran tensions inte...
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United beats estimates as fuel bill threatens 2026 profit
United topped second-quarter forecasts, but higher jet fuel prices tied to U.S.-Iran conflict are pressuring margins and its near-...
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Johnson & Johnson slips after earnings beat as guidance rises
J&J topped second-quarter estimates and lifted its 2026 outlook, but shares fell as investors focused on softness in its MedTech c...
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Trump presses New York to reverse AI data center pause
New York’s one-year limit on certain power-hungry data centers puts AI infrastructure, utility bills and state politics in the sam...
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AWS veteran Dave Brown to leave Amazon as Dave Treadwell steps in
Amazon is replacing a longtime AWS leader who helped build EC2 as AI demand lifts growth in its cloud business.
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Citi’s bullish Copilot note clashes with Cramer’s Microsoft worries
Citi sees stronger Microsoft Copilot adoption and Azure momentum, while Jim Cramer says the upbeat AI take runs counter to what he...
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Buffett calls Kevin Warsh a good choice to lead the Fed
Warren Buffett told CNBC that Kevin Warsh was a “good choice” to lead the Fed as Warsh prepares for another round of Senate testim...
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PSLF borrowers face new repayment limits after July 1 rule changes
New federal student loan rules affect which borrowers can earn credit toward Public Service Loan Forgiveness.
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Warsh says Treasury contact is frequent as he defends Fed independence
Fed Chair Kevin Warsh told senators he speaks often with Treasury Secretary Scott Bessent while insisting rate decisions remain hi...
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